Name: HIRING PREMISES TO THE BANK AT (MALAD WEST)
Start: 2023-09-29
End: 2023-10-19
Location: JAMMU and KASHMIR BANK LTD.

Organization Details:

Organization Name:

JAMMU and KASHMIR BANK LTD.

Country:

India

Contact Person:

Address:

Jammu & Kashmir Bank Estates & General Department, Zonal Office MUMBAI ,

Contact Details - Email:

Phone

7780993497

Notice Details:

Notice Type

Tender Notice

Bidding Type

Other

Notice No.

72444147

Deadline

2023-10-19

Description

1 | Page (Signature of the Bidder)
TENDER DOCUMENT
FOR
ACQUISITION OF PREMISES
(Outright purchase or lease basis)
AT
MALAD (West),MUMBAI
UNDER TWO BID SYSTEM
Issued by:
Jammu & Kashmir Bank
Estates & General Department,
Zonal Office MUMBAI
TENDER DOCUMENT INVITING OFFERS UNDER TWO-BID SYSTEM FOR
HIRING PREMISES TO THE BANK AT (MALAD WEST)
This Tender Document consists of the following:
1)
2)
3)
4)
5)
6)
7)
Notice Inviting Offers.
Important Parameters.
General Instructions.
Terms & Conditions.
Carpet Area Definition.
Technical Bid.
Financial Bid/Price Bid.
All the above mentioned documents are to be submitted to the Bank duly signed by
the Bidder/Offeror on all pages.
( S i g n at ure of the Bidder)
2 | P a g e
3 | Page (Signature of the Bidder)
NOTICE INVITING OFFERS
The Jammu & Kashmir Bank Ltd. desires to acquire premises on lease or outright
purchase basis for housing its Branch: MALAD (W) preferably on Ground Floor.
Location Approx. Carpet
Area (in case of
outright
purchase)
Approx. Carpet
Area (In case
of
Lease/Rental
s)
Locality: MALAD WEST
Tehsil: MALAD
District: MUMBAI
1500-2500 sqft
(Ground Floor
Preferred)
1500-2500 sq. ft
(Ground Floor
Preferred)
REF. No.
DESCRIPTION Acquiring of Premises on Lease/Outright
Purchase Basis for J&K Bank Branch MALAD under
Zone: MUMBAI
BIDDING SYSTEM TWO BID SYSTEM (Single Stage Two Envelope
System)
WEBSITE FOR
DOWNLOADING DOCUMENTS
www.jkbank.com under the link “EOI & Tender /
Notification” in the Quick Access Tab
METHOD OF
SUBMISSION
TECHNICAL
BID
OFFLINE / PHYSICAL FORM
FINANCIAL
BID
OFFLINE / PHYSICAL FORM
PRE-BID MEETING Venue: J & K Bank Zonal Office Mumbai BKC
Date & Time: 29/09/2023 & 11:00 AM
AVAILABILITY OF TENDER From 28/09/2023 to 18/10/2023
4 | Page (Signature of the Bidder)
DOCUMENTS ON WEBSITE
LAST DATE OF SUBMISSION
OF BIDS/TENDER
Upto 17:00 PM (IST) on 18/10/2023
DATE OF OPENING OF
TECHNICAL BIDS
Shall be communicated separately.
Tender Fees (non
refundable)
Rs.2,500/- (Rupees Two Thousand Five Hundred
Only) only through NEFT to the following A/c:
A/c details:
Account Name : Tender Fee/Cost Account
Account No: 9931530300000001
IFSC Code: JAKA0HRDCHQ
(0 denotes Zero)
Bank: The J&K Bank Ltd.
Branch: Corporate Headquarters
MA Road Srinagar, J&K,190019
Proof of same to be attached with documents.
ZONE CONCERNED MUMBAI
LOCATION OF ZONAL
OFFICE
National Business Center, Bandra Kurla Complex
Bandra East, 400051
For any clarification/s,
please contact
Estates & General Department, Zonal Office
MUMBAI
1. Name of the Official: Haseeb Un Nazir
Contact No.: 7780993497
2. Name of the Official: Pramod Tiwari
Contact No.: 9820444823
2. Name of the Official: Shafat Rizvi
Contact No.: 9596395003
A) Preference will be given to the Premises located at Ground Floor and with
minimum number of columns with entire area in single floor having a minimum
frontage of 25 sq. ft.
B) The Strong Room, Ramp and ATM Room as per the Bank’s specifications is to be
constructed by the Successful Bidder/Offeror at his/own cost.
( S i g n at ure of the Bidder)
5 | P a g e
6 | Page (Signature of the Bidder)
IMPORTANT PARAMETERS:
01 PARKING SPACE Adequate space for parking of the vehicles of
the Bank including its Cash Van, Vehicles of
the staff as well as customers shall be
preferred.
02 CARPET AREA Approximately, 1500-2500 sqft on Ground
Floor shall be preferred.
03 AMENITIES  Water connection along-with the
arrangements (water motor etc.) for
continuous water supply, and
independent underground and overhead
water tanks of sufficient capacity.
 Separate electrical power connection
(Three Phase) in Commercial Category
including installation of sub-station
along-with all necessary accessories of
requisite capacity wherever required.
04 INITIAL RENT-FREE PERIOD The Rent free period shall be for a duration
of three (03) months at the start of the lease
(from the effective date of lease deed). In
case of Offsite ATMs/CDMs, the rent-free
period shall be for a duration of two (02)
months.
05 POSSESSION Ready for possession/occupation or to be
possessed within One months.
06 PREMISES UNDER CONSTRUCTION May be considered and the bidder will have
to construct the building within 03 months as
per Bank’s requirement.
07 DESIRED LOCATION Preferably on Ground Floor in a densely
populated location and commercial
establishments, shops, and other units of
business.
7 | Page (Signature of the Bidder)
08 INITIAL PERIOD OF LEASE Minimum period of 15 years with reasonable
rental increase after each block of 5 years
subject to _% (maximum of 25%)
increase after every 5 years.
09 PREFERENCE  Public Sector/Govt. Departments.
 Ground Floor.
 Premises duly completed in all respect
along-with related statutory
permissions/approvals from concerned
authorities.
10 RAMP Provision of Ramp at the entrance of Branch
Premises and ATM.
11 SELECTION PROCEDURE Techno-Commercial evaluation by assigning
50% weightage for Technical Parameters and
50% weightage for Financial Bids.
12 VALIDITY OF OFFER 120 days from the date of submi

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